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Much ado has been made in recent years over the quickly rising cost of healthcare in the United States. But the cost of college tuition and fees has skyrocketed at nearly twice that rate. Going to college today will cost a student 559% more than it did in 1985, on average.

In an exciting talk given at TEDGlobal 2012, Stanford professor Daphne Koller explains why she was inspired — alongside fellow professor Andrew Ng — to create Coursera, which brings great classes from top universities online for free. Coursera classes have specific start dates, require students to take quizzes and turn in assignments, as well as allowing professors to customize their course into online chunks rather than simply recording their lectures.

When she spoke at TED Global, Coursera offered classes from four top colleges — Princeton University, the University of Michigan, Stanford University and the University of…